|
|
 |
|
Viewing report
|
|
|
|
Anthracite CDO III Ltd. Ratings Lowered On 8 Classes And Ratings Affirmed On 4 Classes Dec 11
Standard & Poors, Dec 2011
Abstract
OVERVIEW Anthracite CDO III Ltd. is a cash flow collateralized debt obligation (CDO) collateralized by commercial mortgage-backed securities (CMBS). We lowered our ratings on eight classes of notes from Anthracite CDO III Ltd. and removed them from CreditWatch with negative implications. We affirmed our rating on the class A notes and removed it from CreditWatch with negative implications. Simultaneously, we affirmed the ratings on the class F, G, and H notes. The rating actions reflect a decline in the overcollateralization and credit quality available to support the notes since our last rating action on May 24, 2011. NEW YORK (Standard & Poor's) Dec. 16, 2011--Standard & Poor's Ratings Services today lowered its ratings on eight classes of notes from Anthracite...
Companies mentioned in this report are: Anthracite CDO III Ltd.
Action: Affirmed
Action: Downgraded
Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.
Research type: News
This product is a is a brief one-page announcement of no more than 500 words with a quote from the analyst. It is media and investor focused with no accompanying commentary article.
|
|
|
|
